Mechanics
Deflationary ECR20 Utility Token
$FRG is a deflationary ERC20 utility token on the Ethereum blockchain. The $FRG token was fair launched with supply starting at zero and has been distributed via staking and other rewards. No team tokens were awarded.
Supply
Original supply was 300,000,000 $FRG
Initial intended supply is 200,000,000 of $FRG
Reserve supply of 100,000,000 $FRG
200,000,0000 $FRG has been burned leaving a current maximum supply of 100,000,000
Current Supply = 100,000,000 $FRG
Price
The Plague has no control of the value of $FRG nor will it comment on the speculative price for $FRG.
Distribution
Supply of $FRG is distributed passively through staked Frogs or as rewards determined by Plague Brands Corp
Passive Supply Distribution via Staked NFTs
Passive supply distribution from staked Frogs will be a minimum of 100,000,000 $FRG tokens at a maximum potential rate of 3,219,300 (details below) $FRG tokens per month
It is possible for $FRG to be distributed passively via staking from other NFTs
Total passive supply distribution will not exceed 4,219,300 $FRG per month
Active Supply Distribution Rewards
Active supply distribution will start at 99,000,000 $FRG.
The Rana DAO will determine active rewards criteria
Active $FRG supply can be earned by any NFT
Frogs should always earn more $FRG than non-Frogs for like actions
TOTAL Monthly $FRG distribution will not exceed 5,000,000 per month (Passive + Active)
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